Hennessy Sustainable ETF

Frequently Asked Questions About STNC

What does STNC invest in?

The fund is an actively managed exchange-traded fund ("ETF") that will invest, under normal circumstances at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in exchange-traded equity securities of U.S. large capitalization issuers that meet environmental, social, and governance ("ESG") standards, as determined by its sub-adviser. Its investment portfolio is focused, generally composed of at least 30 investment positions.

What is the expense ratio of STNC?

Hennessy Sustainable ETF (STNC) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is STNC?

Hennessy Sustainable ETF (STNC) manages $96.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is STNC actively managed or an index fund?

STNC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (STNC's is 0.85%) in exchange for the discretion to over- or under-weight positions.

When was STNC launched?

Hennessy Sustainable ETF (STNC) launched in March 2021 and is managed by Hennessy.

How has STNC performed?

STNC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.